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Genpact Management Trainee Finance Interview Questions and Answers

Updated 1 Nov 2022

Genpact Management Trainee Finance Interview Experiences

5 interviews found

I applied via Naukri.com and was interviewed in Dec 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(4 Questions)

  • Q1. What is OTC Process in Accountancy?
  • Ans. 

    OTC process in accountancy refers to the process of recording and managing transactions that occur outside of an exchange.

    • OTC stands for Over-The-Counter

    • It involves transactions that are not traded on a formal exchange

    • OTC transactions are negotiated directly between two parties

    • Examples include currency swaps, forward contracts, and options

    • OTC process requires proper documentation and risk management

  • Answered by AI
  • Q2. What is the OTC Cycle?
  • Ans. 

    OTC Cycle refers to the process of buying and selling securities outside of formal exchanges.

    • OTC stands for Over-The-Counter

    • OTC Cycle involves direct negotiations between buyers and sellers

    • OTC securities are not listed on formal exchanges like NYSE or NASDAQ

    • OTC securities include stocks, bonds, and derivatives

    • OTC trading is less regulated and more risky than exchange trading

  • Answered by AI
  • Q3. What are your responsibilities in current Company?
  • Q4. Why do you want to change your company?
Round 3 - HR 

(2 Questions)

  • Q1. Current Salary & Expected Salary
  • Q2. Negotiation for salary till finalization of Salary.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident but not over confident.
You have to give a summarised answer which can explain your responsibilities & the answer should be matched with your profile which you shows to the employer.

I applied via Approached by Company and was interviewed in May 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Technical 

(1 Question)

  • Q1. Some technical journal entries, excel formulas (vlookup,macros) previous experience
Round 3 - HR 

(2 Questions)

  • Q1. Hobbies & why this hobby
  • Q2. Family and views on family

Interview Preparation Tips

Interview preparation tips for other job seekers - Show confidence and smile in between it should look like a normal conversation not a interview

Management Trainee Finance Interview Questions Asked at Other Companies

asked in Genpact
Q1. What is OTC Process in Accountancy?
asked in Tasty Bite
Q2. Tell me how will you calculate standard cost?
asked in Genpact
Q3. What is the OTC Cycle?
Q4. What is Irr.How you calculate it.

I applied via Naukri.com and was interviewed in Dec 2020. There were 6 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Journal entries and process related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Be ready for everything that yo will be facing ahead and be confident

I applied via Naukri.com and was interviewed before Mar 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Defination realting to accounts

Interview Preparation Tips

Topics to prepare for Genpact Management Trainee Finance interview:
  • Accounting
  • Taxation
  • SAP
Interview preparation tips for other job seekers - read all the basics questions related to accounts ..

Genpact interview questions for designations

 Management Trainee Accounts

 (1)

 Management Trainee

 (215)

 Management Trainee Analyst

 (2)

 Management Trainee Marketing

 (1)

 Graduate Management Trainee

 (1)

 Management Accountant

 (1)

 Management Team Lead Trainee

 (1)

 Finance Executive

 (3)

Interview Questionnaire 

5 Questions

  • Q1. About self intro
  • Q2. Net working capital
  • Ans. 

    Net working capital is the difference between current assets and current liabilities.

    • Net working capital is a measure of a company's liquidity and ability to meet short-term obligations.

    • It is calculated by subtracting current liabilities from current assets.

    • A positive net working capital indicates that a company has enough current assets to cover its current liabilities.

    • A negative net working capital indicates that a c...

  • Answered by AI
  • Q3. Accruals n actuals along with journal entry
  • Ans. 

    Accruals and actuals are accounting concepts used to record expenses and revenues in the correct period.

    • Accruals are expenses or revenues that have been incurred but not yet recorded in the accounting system.

    • Actuals are expenses or revenues that have been recorded in the accounting system.

    • Journal entries are used to record accruals and actuals in the accounting system.

    • Accruals are recorded with a debit to an expense ac...

  • Answered by AI
  • Q4. Depriciation journal entry
  • Q5. Budjeting and forecasting
  • Ans. 

    Budgeting and forecasting are crucial for financial planning and decision-making.

    • Budgeting involves creating a financial plan for a specific period of time, usually a year, and allocating resources accordingly.

    • Forecasting involves predicting future financial outcomes based on past data and current trends.

    • Both budgeting and forecasting help in identifying potential financial risks and opportunities.

    • Examples of budgeting...

  • Answered by AI

Interview questions from similar companies

I applied via Company Website and was interviewed before May 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 
Round 2 - One-on-one 

(1 Question)

  • Q1. Accounting basics and situational questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Try to do well in NQT and interview will be easy
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Technical and process knowledge and scenario questions
Round 2 - One-on-one 

(1 Question)

  • Q1. What you know about Trade Life Cycle
  • Ans. 

    Trade life cycle refers to the stages involved in a trade from initiation to settlement.

    • Trade initiation: Trade is proposed and agreed upon by parties involved.

    • Trade execution: Trade is executed on the exchange or over-the-counter market.

    • Trade confirmation: Parties confirm the details of the trade.

    • Trade settlement: Payment and transfer of securities occur to complete the trade.

    • Trade reconciliation: Any discrepancies ar

  • Answered by AI
Interview experience
1
Bad
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Aug 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(3 Questions)

  • Q1. Working experience communication skills
  • Q2. Finance accounts marketing before question interview
  • Q3. Digital experience
Round 3 - HR 

(2 Questions)

  • Q1. Marketing finance information technology human rescoures
  • Q2. Questions answers good company

Interview Preparation Tips

Topics to prepare for Tech Mahindra Finance Manager interview:
  • Finance
Interview preparation tips for other job seekers - Hard work
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Mar 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Aptitude Test 

General Aptitude test on Finance, language and logical reasoning

Round 3 - One-on-one 

(5 Questions)

  • Q1. Journals Entries
  • Q2. Finance Scenario Questions
  • Q3. Eligibility for Relocation
  • Q4. Treatment of different costs
  • Ans. 

    Different costs are treated differently based on their nature and impact on financial statements.

    • Different costs are classified as either variable or fixed costs.

    • Variable costs change with the level of production or sales, while fixed costs remain constant.

    • Some costs are considered direct costs, directly attributable to a specific product or service.

    • Other costs are indirect costs, not directly traceable to a specific p...

  • Answered by AI
  • Q5. Revenue recognition

Interview Preparation Tips

Topics to prepare for DXC Technology Finance Intern interview:
  • Accounts Payable
  • Costing
  • Journal entries
  • Reconciliation
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Mar 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Self introduction
  • Q2. What is your Strength

Interview Preparation Tips

Interview preparation tips for other job seekers - Right job to right person

Genpact Interview FAQs

How many rounds are there in Genpact Management Trainee Finance interview?
Genpact interview process usually has 2-3 rounds. The most common rounds in the Genpact interview process are Resume Shortlist, One-on-one Round and HR.
What are the top questions asked in Genpact Management Trainee Finance interview?

Some of the top questions asked at the Genpact Management Trainee Finance interview -

  1. What is OTC Process in Accountan...read more
  2. What is the OTC Cyc...read more
  3. Journal entries and process related questi...read more

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Genpact Management Trainee Finance Salary
based on 181 salaries
₹3 L/yr - ₹7.6 L/yr
At par with the average Management Trainee Finance Salary in India
View more details

Genpact Management Trainee Finance Reviews and Ratings

based on 30 reviews

3.7/5

Rating in categories

3.8

Skill development

3.9

Work-life balance

2.9

Salary

4.2

Job security

3.7

Company culture

3.1

Promotions

3.8

Work satisfaction

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